Category: Long-Term Care - Page 6

Americans underestimate cost of home care by nearly 50%, while nursing home room now tops $92,000 per year

May 11, 2016

RICHMOND, Va.– According to the Genworth 2016 Cost of Care Study, released May 10, the cost of receiving care continues to rise sharply year over year, ... Read more

Short-Term Care Insurance policy sales grow 20% in 2015

Brian Anderson

May 9, 2016

LOS ANGELES – Sales of short-term care insurance grew 20% in 2015 according to a recently released industry report from the National Advisory Center for ... Read more

Individual Life combo product sales experience double-digit growth in 2015; Millennials taking note

Brian Anderson

April 27, 2016

New data in released in late April shows consumer interest in life/long-term care insurance combination products is clearly on the rise, with Millennials showing the ... Read more

Northwestern Mutual tops in LTCI policies sold in 2015; Overall sales see near 20% decline

Brian Anderson

March 28, 2016

LOS ANGELES – Northwestern Mutual sold the most long-term care policies in 2015, according to research from the American Association for Long-Term Care Insurance (AALTCI), ... Read more

Genworth agrees to $219 million settlement in securities class action lawsuit

Brian Anderson

March 14, 2016

RICHMOND, Va. – Genworth Financial, Inc. announced March 11 that it has reached an agreement in principle to settle a lawsuit brought back in Oct. ... Read more

Bipartisan group proposes major long-term care reforms

Brian Anderson

February 22, 2016

After 3 years of work by a diverse group of policy experts to create a consensus framework for the way long-term care is financed and ... Read more

Rising interest rates will benefit LTCI market, forecasts AALTCI

Brian Anderson

December 21, 2015

LOS ANGELES – The decision last week by the Federal Reserve to raise short-term interest rates for the first time since the financial crisis will ... Read more

Affluent boomers consider long-term care top risk to well-being in retirement, yet only 3 in 10 have a plan to address it

Brian Anderson

November 4, 2015

BOSTON – Nearly two-thirds of affluent Boomers view long-term care as a potential risk to well-being in retirement, more than any other physical or financial ... Read more

Candidates called on to address pending tsunami of care needs as LTCI Awareness Month approaches

Brian Anderson

October 21, 2015

LOS ANGELES – Millions of Americans are unprepared for the consequences of living longer lives. November marks Long-Term Care Awareness Month, an ideal time for ... Read more

Approval percentage up 10% for LTCI policies this year, study finds

Brian Anderson

September 4, 2015

PORTLAND, Ore. – While long-term care insurance is paid for with money, it is bought with a person’s health. Many consumers are surprised to learn ... Read more

Americans underestimate cost of home care by nearly 50%, while nursing home room now tops $92,000 per year

Short-Term Care Insurance policy sales grow 20% in 2015

Individual Life combo product sales experience double-digit growth in 2015; Millennials taking note

Northwestern Mutual tops in LTCI policies sold in 2015; Overall sales see near 20% decline

Genworth agrees to $219 million settlement in securities class action lawsuit

Bipartisan group proposes major long-term care reforms

Rising interest rates will benefit LTCI market, forecasts AALTCI

Affluent boomers consider long-term care top risk to well-being in retirement, yet only 3 in 10 have a plan to address it

Candidates called on to address pending tsunami of care needs as LTCI Awareness Month approaches

Approval percentage up 10% for LTCI policies this year, study finds

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